Ally &lsquo;Loves&rsquo; GM Deal That Values Firm at $30 Billion

Ally Financial Inc., the lender that?s 56 percent owned by the U.S., may stage an initial public offering next year and could be worth as much as $30 billion, according to Chief Executive Officer Michael Carpenter.

Ally Chief Sees IPO in 2011, Says Firm May Be Worth $30 Billion

Ally Financial Inc., the lender that?s 56 percent owned by the U.S., may stage an initial public offering next year and could be worth as much as $30 billion, according to Chief Executive Officer Michael Carpenter said.

Bankers Challenging Rules in Vienna Find Ally in Debt Crisis

Deutsche Bank AG Chief Executive Officer Josef Ackermann and HSBC Holdings Plc Chairman Stephen Green are among bankers with a new ally in their tug of war with politicians over stricter rules: Europe's sovereign-debt crisis

GMAC posts $162M profit, will change name to Ally

GMAC posts $162M profit, will change name to Ally

GMAC Financial Services, parent of Ally bank, reports a first-quarter profit of $162 million, swinging from a net loss of $675 million a year earlier. Ally bank has a major corporate presence in Charlotte. (GJM)

Merkel Party Ally Urges Delay in Opel Decision: Report

Merkel Party Ally Urges Delay in Opel Decision: Report

FRANKFURT (Reuters) - A member of German chancellor Angela Merkel's conservative party has pushed for a delay of the decision about the fate of General Motors' <GM.UL> European unit Opel until after Germany's federal elections, a newspaper said